
Seattle, WA 98119
This Tribeca condominium represents a Strong Value Opportunity, listed at $339,000—positioned well below the $359,763 Fair Market Value by 5%. This valuation gap provides $20,763 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes modern upgrades like quartz countertops and A/C. With no rental cap and a prime location near Climate Pledge Arena, this is an ideal asset for Buy-and-Hold Investors or first-time buyers seeking urban convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17 W Mercer Street #104 Subject 1 bd · 1 ba · 815 sqft · $441 | $339,000* List Price | 1 | 1 | 815 | $441 | - |
A 912 3rd Avenue W 101 Sold 2 bd · 2 ba · 800 sqft · $536 · 0.2 mi | $429,000 | 2 | 2 | 800 | $536 | 0.2 mi |
B 912 3rd Avenue W 501 Sold 2 bd · 2 ba · 853 sqft · $463 · 0.2 mi | $395,000 | 2 | 2 | 853 | $463 | 0.2 mi |
C 601 W Mercer Place 304 Sold 2 bd · 2 ba · 838 sqft · $525 · 0.4 mi | $440,000 | 2 | 2 | 838 | $525 | 0.4 mi |
D 500 W 5th Avenue 306 Sold 1 bd · 1 ba · 657 sqft · $457 · 0.2 mi | $300,000 | 1 | 1 | 657 | $457 | 0.2 mi |
E 530 4th Avenue W 206 Active 1 bd · 1 ba · 745 sqft · $517 · 0.2 mi | $385,000 List Price | 1 | 1 | 745 | $517 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 2002 (22 years old), the unit is well-maintained and features recent updates including new quartz countertops, newer stainless steel appliances, and refreshed bathroom fixtures. The bamboo flooring and inclusion of A/C make it move-in ready and functional, elevating it above the 'Fair' category despite its age.
Situated in the heart of Lower Queen Anne, the property offers exceptional walkability to Climate Pledge Arena, Seattle Center, and premium amenities like Metropolitan Market and local dining.
The absence of a rental cap makes this unit a highly attractive option for investors or owners seeking long-term rental potential in a high-demand metropolitan area.
The unit features desirable upgrades including quartz countertops, bamboo flooring, and rare air conditioning, providing a move-in-ready experience with year-round climate control.
At $839 per month, the HOA dues are relatively high compared to the listing price, which may impact the overall monthly affordability and debt-to-income ratios for buyers.
The layout utilizes a sleeping alcove rather than a traditional walled bedroom, which may limit privacy and appeal for buyers specifically seeking a separate, enclosed primary suite.
Light-filled and beautifully appointed, this Tribeca condominium is a true urban gem. Soaring 9-foot ceilings, bamboo flooring, and an open-concept layout create a bright, welcoming living space. The thoughtfully designed floor plan features a spacious sleeping alcove and a kitchen that seamlessly connects to the living area, complete with new quartz countertops, a gas range, and newer appliances, making it ideal for both everyday living and entertaining. The inviting living room is highlighted by an electric fireplace and expansive west-facing windows that fill the home with natural light. Ample sleeping space, large closet and the full bathroom includes the convenience of an in-unit washer and dryer. Enjoy easy, step-free access from your secure covered parking space, located just outside your front door and A/C for year-round comfort. Residents of Tribeca also enjoy access to a spectacular rooftop deck, perfect for relaxing and entertaining. Located in the heart of the city, you'll find everyday conveniences and vibrant neighborhood amenities just steps away, including Metropolitan Market, CVS, acclaimed restaurants and bars, Uptown Cinema, and more. Climate Pledge Arena is only three blocks away, while Seattle Center, the waterfront, and multiple transit lines are all within easy walking distance. Experience the best of urban living with comfort, convenience, and Seattle's premier attractions right outside your door. No rental cap makes this a great investment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 815 | 1,048.033 |
| Lot Size | - | 1,930.425 |
| Price | $339.0K | $548.3K |
| Price per sq ft | $416 | $551 |
| Built year | 2002 | 1997 |
| HOA | $839 | $317 |
| Days on market | 6 | 63 |
Oct 18, 2026
$339,000
Initial Listing